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« Freedom Watch | Main | Freedom Watch »

Federal Reserve Banks have been barred from collecting any interest on the debts owed to them by the Federal Government re: Incredible 3 minute video at http://governmentgonewild.org

Subject: Re: Incredible 3 minute video at http://governmentgonewild.org/

Re: http://www.youtube.com/embed/VtVbUmcQSuk 
By: http://governmentgonewild.org/


See also:

http://www.supremelaw.org/sls/31answers.htm#Q29

29.  Do federal income tax revenues pay for any government services and, if so,
which government services are funded by federal income taxes?


Many years ago, the Grace Commission quietly admitted that none of the funds the IRS collects from federal income taxes goes to pay for any federal government services. 

That Commission found that those funds were being used to pay for interest on the federal debt, and income transfer payments to beneficiaries of entitlement programs like federal pension plans.


Nevertheless, an AUTOMATIC STAY is now legally in effect, barring the Federal Reserve Banks from collecting any more interest on the debts allegedly owed to them by the Federal Government:


http://www.supremelaw.org/cc/fox2/insolvency.htm
http://www.supremelaw.org/cc/fox2/insolvency.explained.htm



--
Sincerely yours,
/s/ Paul Andrew Mitchell, B.A., M.S.
Private Attorney General, 18 U.S.C. 1964
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April 23, 2011 in Current Affairs | Permalink